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Allah Rakha
Allah Rakha is a 43-year-old married man, living along with 5 children in the area of Lahore Pakistan. He is very motivated to provide them with a beautiful life with good education, food and clothing.
For many years he has been successfully running a milk selling business in his locality. Over time, he has become famous in his area for providing good quality milk. He also sells butter and cheese to generate an extra profit. He has a good client list and makes enough to contribute to his family's income. His business is good enough for him to lead a decent life.
For the growth of business he wants to buy a buffalo to produce more milk to sell but he does not have enough money to buy a buffalo. Therefore, Allah Rakha requested a loan from Kiva’s field partner BRAC Pakistan, so that he could buy a buffalo for producing milk.
He hopes to get an increase in the production capacity of milk, butter and cheese which ultimately will help him to generate more cash.
Allah Rakha says thank you to Kiva and to its field partner BRAC Pakistan for this honorable support.

Additional Information

More information about this loan

BRAC Pakistan focuses its work in some of the most underdeveloped parts of Pakistan, characterized by poor infrastructure and high levels of poverty. By supporting this loan, you are enabling access to finance for borrowers living in some of Pakistan's poorest areas.

About BRAC Pakistan

BRAC Pakistan is a subsidiary of BRAC, one of the world’s largest development organizations with a focus on microfinance and economic empowerment. It offers micro-loans designed to help small businesses, very poor clients and others, in addition to health and education services. Kiva’s flexible, zero-interest capital will enable BRAC to expand its outreach in underserved regions and to women who have had no access to microfinance services.

Tags

About Pakistan

  • $3,004
    Average annual income
  • 130
    View loans »
    Pakistan Loans Fundraising
  • $13,074,775
    Funds lent in using Kiva
  • 104.9
    Pakistan Rupees (PKR) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,450 helped Allah Rakha to buy a buffalo for producing milk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 16, 2013
Listed
Sep 22, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014